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20121227
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. we are facing many challenges in our relations with china, south can korea and even the united states on which japan's security is based. strengthening u.s./japan alliance is the first step towards rebuilding japan's diplomacy and security. >> abe promised his government would take the lead in rebuilding northeastern japan. he will achieve results as soon as possible to regain the trust of the japanese people. he said his cabinet is designed to overcome crisis. he was elected as prime minister, a post he held before between 2006 and 2007. he's the first politician in 64 years to return to the position after resigning. abe filled the cabinet with familiar faces and new ones. he appointed suga as chief cabinet secretary. that makes him the head government spokesperson. aso is his deputy. he will serve as finance minister and financial services minister. the new foreign minister is fumio kishida. he served in the previous cabinet. onodera is defense minister. he's well versed in dip ro mat tick and security issues. he chaired a lower house committee in okinawa and the northern territorie
allegedly hitting four members of a family from china then taking off leaving the scene of the accident. one of the victims died later at the hospital. >> gina and the entire eunice family is destroyed by what happened and i think it's fair to say that their main concern is for the yao family. >> bail is set at $2 million. she will be back in court on monday. her lawyer says she was about to graduate from college with hopes of becoming a police officer. >>> the holiday vacation is over early for members of the united states senate and for president obama. he took the red eye from hawaii to washington overnight. senators will be busy working on a plan to avoid the "fiscal cliff" today. but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is getting itchy for an agreement. its employees are writing "come together" on cof
in china that that without any warning it shatters. this is in shanghai. it's very popular at the mall here. it's got turtles and sharks and 33 tons of glass and water all over the place. amazingly nobody was killed but 16 were hurt. tell us a little bit about why you suppose this happened. does this have anything to do with temperature or how do people explain it? >> i'll never look at an aquarium the same again. this was a ten-inch piece of plate glass that exploded literally. people said there was a crack. all of a sudden after the crash the water rushed out and it sounded like an explosion. what investigators now believe happened here is the tank had very warm water in it. the outside temperature, although this is in a mall, this was the outside-facing glass. you can see there are trees there. this was in the cold part of the mall, kind of the outside exposure. temperatures got down into the 20s. not like i had never gotten into the 20s before but this here with the warm on the one side, the water, the cold on the other side, they believe a fault in the glass, a scratch, obviously somet
from china and injured two others. police say the impact knocked the three pedestrians about 30 feet down a hillside. while the victim's family did not appear in court, the suspect's relatives came to the hearing. they declined to talk on camera. but the suspect's attorney did speak, saying gina eunice is praying for the victims, the yao family. >> the entire eunice family is destroyed by what happened, and i think it's fair to say that their main concern is for the yao family. >> reporter: district attorney george gascon says he will prosecute this case agressively. he says this is another example why people should not drink and drive. >> we are very concerned about the use of alcohol and driving and especially during the holiday season when there's so many people attending parties. >> reporter: eunice did not enter a plea on wednesday. a judge set the bail amount at $2 million, citing public safety for the high amount. if she's able to make that bail, the judge says she will not be able to drink or drive. eunice is scheduled to return to court on monday. in san francisco, cbs 5. >
purposes. it is useful in setting up china's national defense. >> chinese government representatives say the country has launched 16 satellites for bds. they say they plan to put several more into orbit to expand global coverage by 2020. bds is designed to compete with the u.s. global positioning system which has a lock on the consumer market. officials say bds is accurate enough to distinguish objects that are ten meters apart. they started operating the system on an experimental basis a year ago. they have tested it in government cars. they believe chinese fishing surveillance ships operating in the waters near the senkaku islands are also equipped with bds. . shoppers and store staff. the eight by five meter aquarium contained sharks, turtles and fish and located inside a shop and was facing the street. surveillance video shows water gushing over customers and knocking down store displays. a small official says the tank was installed two years ago. shanghai city authorities said the main cause of the accident was deterioration of the glass. they said the temperature between -- or temp
china. thus providing exporters -- germany, japan, or china -- with the requisite demand necessary. so, the ever expanding trade deficit was not an accident. it was a very clever way of replacing one that surplus recycling system with another. the first one, it was one where america had a surplus and america decided instead of doing what germany is doing at the moment -- which is cutting its nose to spite its face, and thereby entering into recession by cutting, cutting, cutting -- volcker as the head of the fed had a different idea. we are going to expand our dominance and our wealth by expanding our deficit and using our deficits to provide the rest of the world with the demand which is necessary to grow their economies, even at the expense of ours. and who is going to pay for the deficit? if i have an ever-expanding deficit, the bank tells me it is game over. but if you are the united states of america and you have the reserve currency of the world, and certain other factors that i will touch upon later, what you can do is you can expand your deficit as long as you create the circum
on your search the stores that are agreeing to pull -- >>> frightening scene in china a shark tank bursts sending water and the sharks rushing into a mall. >>> sacramento police say fourc] teenagerséaé7]m fairfield, san rafael, antioch livermore the rest of us in the low 50s monterey bay and inland upper 40s to low 50s, definitely brighter today, a lot of sun and dry weather, light rain moves in tomorrow and it turns over to showers saturday when we could have heavier rain friday night into saturday with showers dry pattern sunday, monday and tuesday, three days. here's what is going on, high pressure coming in drying up the system and the flow that's why we are going to have a dry day today. no rain today. just mostly sunny. let me show you what we are forecasting for what is going to happen 7:00 tomorrow morning you can see we have cloud cover. about noon you see light sprinkles ahead, steady rain moving into the north bay, over taking all of our neighborhoods by the evening as we go into the evening and overnight, slow starting to develop, darker greens show up, more moderate rain o
with china. they have long wanted to rewrite the pacifist constitution that allows only a military for self-defense. >> this is how to reshape of the culture of japanese postwar society. he has written about these things in the past and that is what he is concerned with. >> a cabinet of new faces from his liberal democratic party. they will have to win over a public weary of revolving door politics and convinces people that the best of times is still ahead. >> toyoda agrees to pay more than $1 billion to settle legal claims. the problems were found in many hybrid models that covers direct payout to customers and will go towards installing a break overrides system in 3 million cars. former car owners sold vehicles below the value because of bad publicity. the deal still needs to be approved by california federal judge. i am joined by the adult professor of economics at nyu, could have you with us. it is potentially one of the biggest settlement in history in the u.s.. if a sign of how serious this case is. >> is certainly is a large amount. nobody is for defective vehicles, but i think it is
that are agreeing to pull -- >>> frightening scene in china a shark tank bursts sending water and the sharks rushing into a mall. >>> sacramento police say fourc] teenagerséaé7]m fairfield, san rafael, antioch livermore the rest of us in the low 50s monterey bay and inland upper 40s to low 50s, definitely brighter today, a lot of sun and dry weather, light rain moves in tomorrow and it turns over to showers saturday when we could have heavier rain friday night into saturday with showers dry pattern sunday, monday and tuesday, three days. here's what is going on, high pressure coming in drying up the system and the flow that's why we are going to have a dry day today. no rain today. just mostly sunny. let me show you what we are forecasting for what is going to happen 7:00 tomorrow morning you can see we have cloud cover. about noon you see light sprinkles ahead, steady rain moving into the north bay, over taking all of our neighborhoods by the evening as we go into the evening and overnight, slow starting to develop, darker greens show up, more moderate rain over the bay, also snow level down to
>> made in china. i know, i know, i know your show. >> she knew, and so did thousands of others. tonight here, the big reveal. the videos you sent in, the made in america gifts you put under the tree. and the ones that didn't fit. >> merry christmas, david! >> how you're creating joy and jobs this christmas. >>> and caught on tape. the adorable pet dog stolen by a real life grinch, about to be sold. you won't believe what happened next and what we witnessed today. >>> good evening on this wednesday night. and we hope you had a merry christmas. diane has a few more nights with her family, and what a night to stay indoors. across much of this country tonight, a massive winter storm and already, the ripple effect for travel being felt coast to coast. the monster storm system stretching from indiana to maine, all the way down to north carolina. more than a dozen states under winter watches and warnings this evening. and this is moving fast. nearly a foot of snow in some states already. more than a foot of snow in forecast for syracuse, new york. and in the heartland tonight, the thr
have the ecb. you have the government in china. so if don't fight the fed works then you don't want to take on all of these central banks. and market action has been showing this. when the year closes here, we're going to see new all-time yearly closing highs on the small-cap index, on the midcap index and on the dow transportation index. those are yearly closing highs. the nasdaq -- >> ok. >> excuse me? >> go ahead. i want to jump in and ask you, so you're talking mostly here about equities, for investors who have money in bonds, should they be now transferring money into equities or do you still see that it makes sense to keep some of your money in treasures and other bonds? >> it depends on the investor. if the yield is important to them as income and they won't need to sell their bonds before maturity, then i say hang on to them. i'm not one of those people who thinks that bonds are going to take a big drop. i would be skeptical of trying to play it tactically which means by some bond and then you look to sell them quickly, i wouldn't be doing that. but an investors who -- >> ok
at the twin peaks vista point in san francisco. the accident killed a 56-year-old woman visiting from china and injured two others. police say the injuries knocked the three pedestrians 30 feet down a hillside. while the victim's family did not appear in court, the suspect's relatives came out to the hearing. their attorney did speak saying gina is praying for the victims. >> gina and the entire family is destroyed by what happened. and i think it's fair to say that their main concern is for the victims' family. >> reporter: the district attorney says he will prosecute this case aggressively. he said this is another example of why people should not drink and drive. >> we are very concerned that the use of alcohol and driving especially during the holiday season when there are so many people attending parties. >> reporter: a judge set the bail amount at $2 million. if she's able to make that bail, she will not be able to drink or drive. she is scheduled to return to court on monday. santa rosa condo complex. t 66-year-old woman was discod >>> a body was found floating in ayla going to at a
japan's pacifist constitution. >> china has launched the world's longest high-speed rail route. the line between cities is almost 2,900 kilometers long. trains travel an average speed of 300 kilometers per hour, cutting travel time in half to just eight hours. >> floods in malaysia have forced more than 13,000 people to flee their homes. the floods have hit several states of the country's east coast. one woman died after slipping into a swollen river, and forecasters are expecting more rain to fall. >> china's leading producer of rare earth is attempting to shut down some plants in an attempt to stem falling prices. the group will keep some mines and factories closed until the end of january. >> rare earths are crucial in making a broad range of high- tech products. prices have been declining due to falling demand, and a growing number of companies are turning to alternatives to cut costs. than helping those in need and providing assistance to the deprived our universal concepts around the world. >> we bring you an example from mexico where a catholic priest is helping people at his miss
the phrase suffering for your art. we found another example of that in china. snow sculptures put in hundreds of hours to carve masterpieces as part of a festival in the northeast in super cold conditions. >> it is -30 degrees celsius in this part of china and the sculptors are continuing to carve their masterpiece despite the plighting cold. >> i need to protect my face as much as possible. the cold weather and the uv light to make my face hurt. it will take about two weeks to return to normal after a go home. >> one of the works is a herd of stemmed -- of stallions. the kind this particular piece will be the largest in the world. this is another example of their icy art, a life-size to church, incredible detail by the incredibly dedicated. >> make sense of international news at bbc.com/news. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provid
, 14 vehÍculos mÁs de 100 telÉfonos celulares y varias bolsas de celulares. >> china estrenÓ la lÍnea de tren bala mÁs grande podran viajar de china a cantÓn, mÁs de 500 millas de recorrido que lo consolida como uno de los paÍses mÁs poderosos en lÍnea fÉrrea. >> con esto nos vamos a la pausa mÁs de 2 dÉcadas necesitÓ un hombre para >> hola rafael johnson romero, estoy aquÍ en afganistÁn con el grupo... quieren var un saludo a toda mi familia en california, feliz dÍass festivos. >> especialista julio dÍa en afganistÁn, un saludo para mi abuela, mis abuelos, en arecibo, puerto rico los amo un montÓn estoy loco por llegar y verlos nos vemos ya mismo. >> en colombia, luego de una intensa bÚsqueda un joven que muchos pensaban que estaba desaparecido logrÓ dar con su padre despuÉs de 27 aÑos y se ubicaron gracias a una fundaciÓn y la tecnologÍa. >> que la vida serÁ muy diferente pero que estÁ muy contento. >> al otro lado de la pantalla estÁ un colombiano adoptado por holandesas en colombia estÁn su padre y su hermana biolÓgica, no se rindiÓ hasta encontrar sus
in a moment here . >> in addition, to that, we also have the ferry landing at china basin and on average that is home game ain ten dance is dwayned to and from the ballpark by ferries. and with that, we would like again to bring forth, carolyn or began, she is the president of blue and gold fleet and they will she'll be able to give us a better insight and explanation on how important the ferry and excursion services are to the port and bay of san francisco. >> commissioners and director moyer, good afternoon. thank you for giving me the at some point to give you a little i am insight to blue and gold fleet. i would like to start out with a brief history of blue and gold fleet. blue and gold has been a port tenants when the found ore deer recognized the opportunity that existed to operate excursions and cruises. the first set sail from peer 39 and blue and gold expanded into the community computer service in 1931 the service started after the lulla competer earthquake in 1939 and was the beginning of the resurgence in 87. and the service started in 86 when marine world moved to va
states structure and whether we should be spending money to fix it. number 5, is china slow something we know they will be the biggest economy in the world by 2020. >> china. >> chain a. >> chain a. >> reporter: they are getting more than a few mentions during the campaigns. probably because it's pretty clear they are both a com petter and a partner. >> number 4. europe. the european union was fractured by to much debt and the aust, rity plans to fix it. that is far from over. number 3. the housing market. finally bottom out. the combination of low home prices and continued record low mortgages set off a building and buying spree. well heeled investors started buying entire neighborhoods but first time buyer was also able to get a home for the first time in years as long as they had a heavy down payment. >> number number 2. >> project that obama will be re-elected. >> the election was about social. >> spending cutting, about what kind role government should have in your life. >> number 1. the fiscal cliff. lawmakers saw it coming but didn't bother to pay attention until after
injured, actually knocked unconscious. >>> this video is out of east china. i have to warn you, it's really hard to watch. up see a large group of people pulling this rope together, and they're in this little pond off the side of the road, and you quickly notice what theray're trying to pull out. that is a van and unfortunately this van was carries 15 kindergartners to school on monday morning of this week. according to reports from the government, the driver of this van was speeding and this van ended up toppling over into this pond, and really heartbroken to say that 11 of the 17 children died as a result of this accident. >> here in this moment of the video you see some of the children's belonging, book bags, jackets, things like that, and you also see people in the water. this is, at this point they're trying to tie the rope to the van hoping to gelt get any survivors out. now, three of the children did die on scene. 12 were take ton a nearby hospital and eight of those children died while receiving treatment at the local hospital. >> why is anybody ever in so much of a hurry w
. >> number 5, china. is china slowing or leading the world? we do know choina will be the biggest economy in the world by 2020, for sure by 203. china getting more than a few mentions during the presidential campaign, probably because it's pretty clear china is both a competitor and a partner. >> number 4, europe. the european union was fractured by too much debt and the us a trty plans to fix it. that saga is far from over. >> number 3, the housing market finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. investors began buying entire neighborhoods but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number 2. >> cnn projects that barack obama will be reelected president of the united states. >> the next. more than just about obama and romney. it was about socialism and capitali capitalism, about what kind of role government should have in your life. >> number 1 is the fiscal cliff. lawmakers saw it coming but didn't bothe
no doubt heard outsourcing to china blue there is a new phenomena bringing chinese students to college. but it's not clear cut outcome as pass/fail. >> 23-year-old arial jhang the central chinese province has a new normal at the u.s. college and universities. for the third straight year, most foreign students one in four hail from china. 194,000 students, 23% increase in previous year. >> they are paying tens of thousands in tuition. they are very driven. >> aggressive recruiting brings challenges. chief among them is trouble with the language. at some schools they use head set for english to mandarin translation. at the university of san francisco that enrolls hundreds of students from china, an administrator got fed up and quit. dale smith was associate dean at the usf business school. and isn't talking. but according to account in "san francisco chronicle" he feared influx that it might dilute the educational experience for the business students. i'll a valid concern, say experts who suggest the admission board rely as much on rig louse language screening as on test scores. >> it co
hitting four members of a family from china and then leaving the scene. one of the victims later died at the hospital. >> gina and the entire eunice family is chronically destroyed by what happened and i think it's fair to say that their main concern is for the yao family. >> bail is set at $2 million. she will be back in court on new year's eve this monday. her lawyer says she was about to graduate from college with hopes of becoming a police officer. >>> a terrible stench was the first claw that somebody was dead in a vallejo neighborhood. two people are under arrest in connection with a body found in the backyard of a home on warren avenue. the body of 56-year-old richmond romer of alameda was badly decomposed. he has been dead for two years. romer's 22-year-old son joseph romer is accused of hiding his father's body in relative's backyard. the body was found earlier this month. >> my sister had walked over there and got about to where the red car is and she is like, wow. i mean, she could smell it from that far off. so that's a good 40, 50 feet away that she could smell it. >> the
some money to fix it. >> number five, china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number two. cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism, about spe
to health care i like it too. appreciate it. does communism pay a? it does for the chinese. 160 of china's 1,000 richest people have a collective network of $220 billion. those 160 people all hold key positions in the communist government. up next. stuart: senator harry reid blames republicans and says we are likely going to fall off of the fiscal cliff. rich edson on capitol hill, have i got the gist of it right? blamed the republicans, it is all your fault. >> that is about it. the senate wants the house republican conference to pass the bill the senate passed a few months ago and house republicans want to pass the bill they passed a few months ago. it is save to say we are basically where we started in this whole thing a few days before the fiscal cliff. dave: it is they fight. flat out political fight. i guess you can expect that as the deadline draws close but it doesn't take us any closer to any kind of deal, does it? >> if anything it takes us further from a deal and the quote from senate majority leader basically said the house of representatives is being operated as a dictatorship f
into a group of people last week. the accident killed a 56-year- old woman visiting from china and injured two others. police say the injury knocked the three pedestrians about 30 feet down a hillside. while the victims' family did not appear in court, the suspects' relatives came to the hearing. they declined to talk on camera. but the suspect's attorney did speak saying gina eunice is praying for the victims, the yao family. >> gina and the eunice family are destroyed by what happened. and i think it's fair to say that their main concern is for the yao family. >> reporter: district attorney george gascon says he will prosecute this case aggressively. he says this is another example why people should not drink and drive. >> we are very concerned about the use of alcohol and driving and especially during the holiday season where so many people are attending parties. >> reporter: if eunice is able to make it $2 million bail, the judge says she would not be able to drink or drive. she is scheduled to return to court monday. >> da, did anything come up in court about whether she had any prior con
vacuum cleaner. sucking into the united states the net exports of europe, japan, and lately china. thus providing exporters -- germany, japan, or china -- with the requisite demand necessary. to keep the factories going. so, the ever expanding trade deficit was not an accident. it was a very clever way of replacing one that surplus recycling system with another. the first one, it was one where america had a surplus and america decided instead of doing what germany is doing at the moment -- which is cutting its nose to spite its face, and thereby entering into recession by cutting, cutting, cutting -- volcker and kissinger initially, and then volcker as the head of the fed had a different idea. we are going to expand our dominance and our wealth by expanding our deficit and using our deficits to provide the rest of the world with the demand which is necessary to grow their economies, even at the expense of ours. and who is going to pay for the deficit? if i have an ever-expanding deficit, the bank tells me it is game over. but if you are the united states of america and you have the rese
. this is the world's longest high-speed rail line which stretches 1400 miles in china. takes passengers from beijing, to, i can't say that name. thank you. me and pronounciations. i can barely get shapiro right. before the train existed the travel time was twrept hours between the two cities. now it only takes eight hours. will we ever see something like this in the united states? julie, do we need it? is it relevant for high-speed rail in the united states? >> for those of us who ride the corridor for every stuck up. adam: faster sometimes to go on the regular train. >> i love this. apparently if we had the high-speed rail, new york to d.c., god knows why you want to go to d.c. under hour which i love. americans love their cars. adam: bingo. >> china doesn't have competitive airline industry. we've got rival airlines that make it cheaper. adam: study said, i recall this a year ago, pointed out putting money united states is investing in high-speed rail into fixing our highways and creating different kinds of fueling spots, if you want to go electric would be far better use of the money than buildin
on that point, the companies for stocks like tiffany's, what about aptitude in places like china in. >> overall when we see what's happening in china, so many new brands emerged in china, new companies on the luxury good fronts, and you've had the big conglomerates vogue down their rate and new store openings. watch profitability for luxury companies in 2013. >> okay. r.j., break it down. who do you like for next year? >> in addition to costco and amazon, i like some of the late cycle discretionary plays especially when we see the housing market improve, names like william sonoma and home depot, names that did a great job investing in the supply change, a name like american eagle stands out in that regard. those are probably our top picks heading into 2013. >> jay, what would you avoid? >> anything that's a commoditized retailer. you'll get killed by amazon and other low-cost providers, names like best buy, barnes & noble, any of the office guys. i think most of those names are dead in the water right now and definitely names to avoid at this point. >> dana, any names we missed from you? >> i t
, china, show a shark-filled aquarium rupturing at a shopping mall last week. shards of glass, thousands of gallons of water and sharks poured onto the swauk. more than a dozen people were hurt, many suffering from cuts and bruises. the glass apparently shattered becoming brittle from age and temperature. >>> marine biologists are working to keep a six-finned whale alive at breezy point. that's a neighborhood hit hard by hurricane sandy. the 60-foot-long whale is believed to be female and was founded on wednesday. firefighters are spraying her with saltwater. marine biologists are not optimistic about the whale's chances of survival. >>> families are being allowed back into their homes in the neighborhood just outside of rochester, new york. they were forced out on christmas eve after a shooting incident that left two firefighters dead. we have new details about the gunman. >> reporter: the foundation is awe that remains of this home in webster, new york, one of seven burned on christmas eve. speng ler shot at firefighters when they arrived. off-duty policeman john ritter got there secon
aquarium bursts at a mall in china, mixing sharks with helpless shoppers. sounds like a place i was at over the weekend. we'll bring you that story and get an update wointer weather. "way too early" comes right back. >> these images were taken just moments before the attack that killed the 54-year-old former prime minister. she was gunned down minutes after appearing at a political rally in rawalpindi. the shooting was followed by a suicide bomb blast. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. ♪ >>> there is downtown -- where are we there? let me see. let me take a guess. >> detroit. >> no, it's not detroit. it's new york city! that's where it is, right where we are. dylan, you've been busy. let's get a check right now on the weather f
twin peaks after allegedly hitting four members of a family from china and then leaving the scene. one of the victims ended up dying at the hospital. eunice is expected to enter a plea in court next week. >> hoping to become a police officer, studying criminal justice. >> we are very concerned about the use of alcohol and driving and especially during the holiday season, when there's so many people who are attending parties. >> her lawyer says eunice was about to graduate from college and wanted to be a police officer. now she is in jail with bail set at $2 million. >>> 6:03. how about a check of traffic and weather. and she does it all here at kpix. >> i want to show you our new cameras. it's cool stuff. you can see this gorgeous view of the bay bridge. yeah, it is pretty much clear for the most part. we have some areas of patchy valley fog but look at that. isn't that a gorgeous shot? you can see the embarcadero in san francisco. so it is a little cool outside even though we have a nice dry break coming throughout the day today. once again no need for any umbrellas. but a jacket prob
.s. infrastructure and whether we should spend money to fix it. >> number five, china. for sure by 2030. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's clear they are both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. they bought entire neighborhoods, but first time buyers got a home of their own as long as they had a hefty down payment. >> number two. >> cnn projects that barack obama will be reelected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism and spending and cutting and what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming and didn't bother to pay any attention to it until after the election. had they put politi
importante centro econÓmico en el sur de china, un objetivo es reducir a la mitad el viaje. estamos en plena temporada navideÑa, y esperando el fin de aÑo, pero el tradicional furor de compras no fue como se esperaba. y cali es hoy la capital mundial de la salsa, con mÁs de mil ♪ >>> la temporada navideÑa es de solidaridad y alegrÍa, y de ganancias para las familias de comerciantes, esperan la cifra de ventas en los dÍas festivos como un buen termÓmetro de la salud de la economÍa, pero este aÑo la respuesta fue dÉbil, porque muchos desconfÍan de la situaciÓn economica. >>> tiendas prÁcticamente vacÍas, varias vendedoras sin clientes, muchos con cuentas que no le dan. es que las Últimas cifras muestran que aunque salieron a comprar no gastaron lo que se esperaba, aumentaron 0.8% el menor aumento desde el 2008. >>> no hay plata. no hay dinero. por lo menos para mÍ aÑos anteriores fue mucho mejor. esta vez han sido solamente los niÑos. >>> perdiste el trabajo? >>> bueno, no encuentro trabajo que es diferente. hace rato que estoy buscando. >>> el aÑo pasado las ventas de nov
they eat corn bread, pandas in china! >>> next, breaking news in walnut creek where police t involved in a shooting. >>> suspected mail thief is caught red handed. [ inaudible ] >>> 5 a.m. i'm katie marzullo in for kristen sze. >>> i'm eric thomas. breaking news from the east bay police in walnut creek have shot someone. >> this is creek side drive near south main. the shooting happened at 3:15 this morning at an apartment complex. >> police are not saying what led to the shooting or giving information about the person or their condition. amy hollyfield is live at the scene right now talking to investigators. someone from the district attorney's office has arrived on the scene. more on the story coming up at 5:30. >>> let's head over to the weather center and check in with mike.
.5% today. >>> a slowdown in the country of china is proving to be short lived. power generation and food processing firms are leading the recovery. >>> and germany's latest exports seems to be recession proof. it's a tradition dating back to the middle ages, but germany's christmas markets are more popular than ever. nbc's andy eckh artson sends this report. >> every december, music rix out across girlny's favorite christmas market. berlin alone hosts more than 80 markets, each with its own character where the sights, sounds and smells of christmas combine to keep your financial crisis at bay. >> we don't feel a crisis. when you look around here at the christmas market, you meet so different people from germany and it's so popular to come to berlin. christmas season is present season. >> over the past 20 years, germany's christmas markets have become a big attraction and big business. analysts estimate that the german christmas market industry brings in billions of dollars annually. for many small businesses and traditional craftsmen, the markets are the main source of income for the yea
cubrian, recuerdo que en china hubo 300 mil muertos y nos enteramos un siglo después . >> es bueno tener una voz experta, bush padre está en terapia intensiva en houston, dijo que conversa con los médicos y éstos son optimistas, el portavoz dijo que se trató una tos bronquial, por lo que fue hospitalizado, el perdiodico desata polémica donde se puede consultar en un mapa el nombre con dirección las personas que tienen permiso para armas, según el diario 44 mil personas tienen licencia de armas, en esas cifras no se incluyen residentes, que tienen licencais para tener armas de fuego pues autoridades del sector no entregaron la información, algunos policías que asistieron a la llamada de emergencai sobre la masacre de connecticut están traumatizados por ellos, varias instituciones donde ocurrió la tragedia buscan ayuda con la aseguradora para brindaar atención profvesional, también piden que modifiquen la ley estatal por beneficios por compensacion y se peuda exctender a testigos por impacto emocional . >> el polémico alguacil en arizona está de nuevo pidiendo a una juez fe
fatalmente a una persona y huir del lugar de los hechos... ---la victima es una mujer china de 56 aÑos que murio en el hospital despues de un dramatico rescate... ---si la sospechosa sale libre bajo fianza, no podra conducir un coche ni tomar bebidas alcoholicas. cesar ---la fabricante de automoviles toyota lleg a un arreglo por ms de mil millones de dlares en un caso de centenares de demandas por problemas de aceleracin descontrolad a en sus vehculos. take vo ---como parte del acuerdo, toyota va a ofrecer pagos a clientes elegibles que vendieron o entregaron sus autos entre septiembre del 2009 y diciembre del 2010. --- el acuerdo resuelve casos de automovilista s que dijeron que el valor de sus vehculos fue afectado por previos retiros del mercado causados por problemas de aceleracin repentino... ---toyota ha retirado ms de 14 millones de vehculos en todo el mundo por problemas de aceleracin en varios modelos y defectos en los frenos en el prius. ---el acuerdo debe ser aprobado por un juez. cesar ---en varios estados de la nacion el 2013 traera nuevas leyes que entraran en vigor el uno de
in shanghai, china, until this. >> whew! >> that is a 33-ton aquarium in the shopping center bursting. the aquarium is home to many live sharks. >> oh, heck no! >> this thing is only a few years old, and it's become quite an attraction, because people come and watch the divers feed these sharks. when this thing cracked, 15 people were injured. most because of the broken glass, but there was a guy taking a picture and other people standing right close by when this glass broke and this water came rushing. this thing was pretty sizable. 22 feet long, 9 feet high. you can see in this video some of the damage that was caused. people were just washed away, rushed away by these waters. and you see some of the sharks. i feel bad. >> still flapping. look, the sharks are still moving. look atthem. >> yeah. three lemon sharks died in smalt didn't make it from this accident. >> do you know what caused the weakness of the structure? why this thing would just collapse like this? >> right now local police are investigating, but there's no clear answer as of yet, but some are speculating maybe a drop
to china and get the cheapest labor possible. now you have workers in the united states saying this is what we need. if you look at the dock workers, dock workers in the 1960's, about 35, 40,000. now down to 4,000. only 10%. why? because of automation your previous guest was talk. >> 64,000 for the longshoreman's union. but haven't unions priced themself out of market? they made themself obsolete. you pointed out, if you don't want to do business here, go to china. >> here's the deal, you have to import goods in the united states. what they've done is through automation, they have less and less dock workers. what the dock workers got as a concession was you have to give us a royalty on shipments given you're using automation. no you have owners of dock yards saying no, we're going to take that away or freeze it for people who come later. >> but why do you want to freeze business? why stick business in the mud right now so we can't progress? i'll give you a personal example. i was a floor trader, a human being on a trading floor. guess what happened? they figured out machines could do it bet
. that is something surprising at this point. >> in china they have no ideology. 75 members of the communist national people's congress are billionaires now. >> i also learned that you like me do nothing on new year's eve. >> not nothing, you just don't do it with strangers. >> i'm happy to make it. absolutely. but here's something for you. you are watching "morning joe." here's what happens. right now it's time for that. take it away. >> aloha, hawaii. the president is on his way back to d.c. where for him it's about playing small ball with most members of congress still in their home district, speaker boehner put that ball in the senate's court. harry reid tossed it right back. are we looking at another lost day in the negotiations? hitching a right on air force one, the new senator from hawaii and it's not what we expected it to be. here we go again. the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke rus
and secondly which could be more important the recovery in china for industrial production steel consumption and that would help. ashley: nat gas was so cheap it was ridiculous and actually killed coal but those prices have come up a little bit now. >> if we get a normal winter that will increase the amount of natural gas consumed, increase the amount of electricity. the winter got off probably slower start than i think most bulls would have liked to have seen, it is picking up as well and i think that will be helpful. ashley: you're mainly bullish because the demand for u.s. coal abroad. you mentioned china, that's probably our biggest customer, i would imagine. there are different types of coal. i don't want to get too technical. >> there's two types of coal -- coal, coal used to make electricity and the coal we sell to european asian latin american utilities, that we expect to increase the demand from the rest of the world. secondly the steel making coal which is used in europe brazil and in asia and we are one of the top three exporters of that coal in the world, and as the recovery in s
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